Automatic Boarding Gates Market to Reach $132.8 Million, Globally, by 2032 at 5.1% CAGR

1. Source: Allied Analytics LLP September 25, 2024 10:35 ET Automatic Boarding Gates Market to Reach $132.8 Million, Globally, by 2032 at 5.1% CAGR: Allied Market Research The automatic boarding gates market's growth is primarily driven by rising air passenger traf?c, technological advancements in biometrics and RFID, and heightened security demands. Wilmington, Delaware, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled,  "Automatic Boarding Gates Market by Type (Single Unit Gates and Multiple Unit Gates), Technology (Biometrics, Bar Code Reader, Electronic Ticketing, Computer Vision, RFID, Others) and End User (Airports, Railways, Bus Terminals and Sports Stadiums): Global Opportunity Analysis and Industry Forecast, 2024-2032". According to the report, the automatic boarding gates market was valued at $85.1 million in 2023, and is estimated to reach $132.8 million by 2032, growing at a CAGR of 5.1% from 2024 to 2032.  Prime determinants of growth The automatic boarding gates market's growth is primarily driven by rising air passenger traf?c, technological advancements in biometrics and RFID, and heightened security demands. In addition, the need for ef?ciency and reduced wait times at airports has also increased the adoption. The push for contactless solutions due to health concerns, alongside signi?cant investments in airport infrastructure modernization, further fuels this market. These factors collectively enhance the boarding experience, streamline operations, and meet evolving passenger expectations, propelling market expansion.   Download PDF Sample Copy: https://www.alliedmarketresearch.com/request-sample/A37158 Report coverage & details:   Report Coverage   Details   Forecast Period   Base Year  Market Size in 2023  Market Size in 2032  CAGR   No. of Pages in Report   Segments Covered  2024–2032   2023    $85.1 million   $132.8 million   5.1%   220   Type, Technology, End User, and Region.    Increasing passenger traf?c     Heightened focus on airport security   Increase in demand for streamlined boarding processes   Expansion in developing regions with growing air travel infrastructure     Advanced biometric technologies offering   High Initial Investment    Drivers   Opportunities   Restraint   

2. The multiple unit gates segment is expected to exhibit fastest growth throughout the forecast period By type, the multiple unit gates segment is anticipated to experience faster growth in the automatic boarding gates machines market, due to its ability to handle higher passenger throughput, enhanced security features, and integration of advanced biometric technologies. This segment supports airport modernization efforts by offering ?exibility and scalability, essential for accommodating increasing passenger volumes. Additionally, the demand for ef?cient, contactless boarding processes drives adoption, making multiple unit gates a preferred choice for improving operational ef?ciency and passenger experience at airports.   Buy This Research Report (220 Pages PDF with Insights, Charts, Tables, Figures): https://bit.ly/4gBeMc1 The biometrics segment is expected to grow faster throughout the forecast period  By technology, the biometrics segment is anticipated to experience faster growth in the automatic boarding gates market. This growth is driven by its ability to enhance security, streamline passenger processing, and meet the growing demand for contactless solutions. Advancements in biometric technologies, such as facial recognition and ?ngerprint scanning, improve accuracy and ef?ciency. Additionally, regulatory support and increasing adoption by airports aiming to modernize and enhance passenger experience drive the rapid growth of the biometrics segment in the near future.   The airports segment is expected to grow faster throughout the forecast period By end user, the airport segment is anticipated to experience faster growth in the automatic boarding gates market. This growth is driven by increasing global passenger traf?c, the need for enhanced security measures, and the demand for ef?cient, streamlined boarding processes. Airports are investing heavily in infrastructure modernization and advanced technologies, including biometrics and contactless solutions, to improve passenger experience and operational ef?ciency. Additionally, regulatory requirements for stringent security and the push for innovation in passenger handling further propel the rapid growth of this segment.   Asia-Paci?c is expected to grow faster throughout the forecast period  By region, Europe accounted for the highest market share in 2023. However, Asia-Paci?c is anticipated to grow faster in the forecast period due to rapid urbanization, increasing air passenger traf?c, and substantial investments in airport infrastructure and technology. Governments in countries like China, India, and Southeast Asia are prioritizing the modernization of transportation hubs, driving the adoption of advanced boarding gate technologies such as biometrics and RFID. These efforts aim to enhance operational ef?ciency, security measures, and overall passenger experience amidst the region's economic expansion and rising middle-class travel demands.   Inquire Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/A37158 Players: -   SITA   Gunnebo AB   Boon Edam   Materna IPS GmbH   NEC Corporation   Collins Aerospace (Raytheon Technologies Corporation)    Idemia   Kaba (Dormakaba Holding AG)    Vision-Box  

3. IER Blue Solutions    Trending Reports in Related Industry  Straight Stairlift Market Size was valued at $448.1 million in 2020, and is projected to reach $1.1 billion by 2032 Airport Moving Walkway Systems Market Size was valued at $2.2 billion in 2021, and is projected to reach $3.4 billion by 2031 IoT in Construction Market Size was valued at $11.2 billion in 2021, and is projected to reach $44.2 billion by 2031 Automatic Door Market size was valued at $22,400.0 million in 2018, and is projected to reach $41,745.0 million by 2026 Automatic Boarding Gates Market was valued at $85.1 million in 2023, and is projected to reach $132.8 million by 2032 About Us:    Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." Allied Market Research has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.    We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and con?rms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top of?cials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and of?ine research and discussion with knowledgeable professionals and analysts in the industry.    Contact us:    United States    1209 Orange Street,    Corporation Trust Center,    Wilmington, New Castle,    Delaware 19801 USA.    Int'l: +1-503-894-6022    Toll Free: +1-800-792-5285    Fax: +1-800-792-5285    help@alliedmarketresearch.com